Published: Sun, January 14, 2018
Worldwide | By Isabel Fisher

Xcel Energy Inc. (XEL), Plains All American Pipeline, LP (PAA)


The stock increased 1.24% or $0.38 during the last trading session, reaching $30.93. About 5.12 million shares traded or 49.66% up from the average. The First Bancshares, Inc. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since January 13, 2017 and is downtrending. It has outperformed by 45.78% the S&P500.

Allen Investment Management Llc increased its stake in Lowes Cos Inc (LOW) by 18.6% based on its latest 2017Q3 regulatory filing with the SEC. Trust Asset Management Llc bought 206,954 shares as the company's stock declined 10.37% while stock markets rallied. The hedge fund held 556,426 shares of the consumer services company at the end of 2017Q3, valued at $44.48 million, up from 469,181 at the end of the previous reported quarter. Plains All American Pipeline L now has $16.65 billion valuation. Stifel Nicolaus increased their price target on shares of Plains All American Pipeline from $21.00 to $22.00 and gave the stock a "hold" rating in a research note on Wednesday, November 8th. The total number of shares traded in the last 90-day period is 7.7 million.

Shares of Plains All American Pipeline, L.P. It has underperformed by 13.38% the S&P500. Analysts expect Plains All American Pipeline to earn $1.45 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 82.8%. Natl Bank Of Mellon holds 265,702 shares. Canadian Imp Bank (NYSE:CM) was raised too. The company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.10. PAGP's profit would be $227.11M giving it 14.30 P/E if the $0.41 EPS is correct.

LPL Financial LLC boosted its position in shares of Plains All American Pipeline, L.P. (NYSE:PAA) by 0.5% during the third quarter, Holdings Channel reports. Therefore 37% are positive. Seaport Global Securities initiated coverage on shares of Plains All American Pipeline in a research report on Tuesday, October 10th. RBC Capital Markets maintained Plains All American Pipeline, L.P. (NYSE:PAA) rating on Monday, November 16. The firm earned "Overweight" rating on Tuesday, July 18 by Barclays Capital. Raymond James downgraded the stock to "Mkt Perform" rating in Monday, January 4 report. Stifel Nicolaus maintained Plains All American Pipeline, L.P. (NYSE:PAA) rating on Monday, July 17.

Chickasaw Capital Management Llc increased Plains All American Pipeline L (PAA) stake by 7.19% reported in 2017Q3 SEC filing. The firm has "Neutral" rating by UBS given on Friday, May 6. The stock has "Market Perform" rating by Wolfe Research on Monday, April 24. The company was maintained on Wednesday, November 8 by Stifel Nicolaus.

Crimson Wine Group LTD (CWGL) investors sentiment decreased to 1.25 in 2017 Q3. The Price to Sales (P/S) ratio of the stock is 0.67, while P/B (Price to Book) stands at 1.88. It worsened, as 62 investors sold PAA shares while 124 reduced holdings. 15 funds opened positions while 41 raised stakes. 120.15 million shares or 5.11% more from 114.31 million shares in 2017Q2 were reported. Cordasco has invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Envestnet Asset Management Inc reported 0% in Plains All American Pipeline, L.P. (NYSE:PAA).


Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. Advisory Services Network LLC now owns 4,624 shares of the pipeline company's stock valued at $121,000 after acquiring an additional 223 shares in the last quarter. 619,900 are held by Fmr Limited Co.

ILLEGAL ACTIVITY NOTICE: "Bank of America Initiates Coverage on Plains All American Pipeline (PAA)" was published by BBNS and is the property of of BBNS. Blackrock stated it has 2.06M shares or 0% of all its holdings. There has been an observed change of -0.35% in the ownership of the shares in the past six months. Plains All American Pipeline had a net margin of 3.22% and a return on equity of 9.06%.

Ratings analysis reveals 75% of Plains All American's analysts are positive. 334.65 million shares or 1.31% more from 330.33 million shares in 2017Q2 were reported. 1,350 are owned by Adirondack Tru.

Investors sentiment decreased to 0.63 in 2017 Q3. With respect to PAA's Series A Preferred Units, PAA announced a payment-in-kind ("PIK") of the quarterly distribution, which will result in the issuance of an additional 1,393,926 Series A Preferred Units. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. 2,971 were accumulated by X Management Ltd Com. State Board Of Administration Of Florida Retirement Systems invested 0.02% of its portfolio in TripAdvisor, Inc. (NASDAQ:AAPL). Park Circle Co has 0.05% invested in Apple Inc. (NASDAQ:FBMS). The Massachusetts-based Geode Cap Ltd has invested 0% in The First Bancshares, Inc.

In other news, VP Chris Herbold sold 10,171 shares of Plains All American Pipeline stock in a transaction on Wednesday, November 15th. Caxton Associate LP stated it has 0.11% of its portfolio in Hanesbrands Inc. (NASDAQ:AAPL) shares were sold by FEDERIGHI CRAIG. Credit Suisse maintained Edge Therapeutics, Inc. Van Berkom Assocs invested in 1.78% or 2.15 million shares. Cushing Asset Mngmt Ltd Partnership owns 1.37M shares.

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